M.J. Bradley & Associates provided support to the Georgetown Climate Center in preparation for its fifth meeting on compliance approaches to the Clean Power Plan. At the March 10, 2015 meeting, attendees from states, power companies, NGOs, and federal agencies together reviewed models to explore compliance options. MJB&A staff assisted in the development of background materials for participants and summarized key concepts in presentations at the meeting. The discussion included how rate-based state plans would account for interstate renewable and energy efficiency credits, as well as how to develop a centralized system to oversee an interstate trading market in a mass-based program. Issues surrounding implementation of both types of programs were addressed, including consideration of existing REC markets and complications related to interstate emissions leakage. These talks are part of ongoing discussions on the development of state compliance strategies for the proposed Clean Power Plan.
More information on the meeting is available here.